A THRIVING BUSINESS OPPORTUNITY FOR THE SAVVY BUYER

This 53 ha farm overlooks the Bottelary Hills and is located at the base of Papegaaiberg, less than 5 km from the centre of Stellenbosch. It also partially borders a popular neighbourhood which could open possibilities for future residential development on a section of the farm. Access is taken off the neighbourhood's tar road via the electric gate onto the farm's paved driveway.
The property reflects a historic wine making charm. Currently, the owners buy selected grapes in from a neighboring grower and vinify it in the cellar on the farm to produce premium wines for which the farm has become famous. The wine cellar has the capacity to process 450 tons and also features a maturation facility for 300 oak barrels.
Although wine is exported, most of the wine made on the farm is consumed by the restaurant and function venue.
The farm is also known for its restaurant with its homely ambience in a picturesque setting where good food, good wine, family and friends come together to ensure a memorable experience. Seating for guests indoors and outdoors combined is 180.
The farm boasts 2 event venues, offering exciting opportunities to host any form of event or celebration, be it weddings and birthdays or private/corporate functions to conferences. For weddings there is a seating capacity of up to 120 guests (plus ample dance floor space).
The 1 main house offers 5 bedrooms, 3 bathrooms, several living areas, a braai room, laundry, an underfloor cellar/bar and swimming pool. Next to this house is a store room and a 4-room living apartment as well as 2 Airbnb income generating cottages.
The second main house from the Victorian era dates back to 1905 and offers 4 bedrooms, 2 bathrooms and several living areas. In addition, this house also features 1 Airbnb income generating cottage next to the swimming pool. A separate flat is next to this house.
The farm is entitled to 103 675 m3 of water per year as registered with the relevant authorities i.e. 29 600 m3 from the Irrigation Board, 28 875 m3 groundwater (boreholes) that can be stored in the catchment dam (surface water) with a capacity of 45 200 m3.
Eskom supplies three single phase points and 1 three phase (for the wine cellar) electricity point to the farm. There are 3 back-up generators.
The 30 ha fertile arable land on the farm lies fallow at the moment except for a portion that is being rented out for the production of cash crops. The owners keep a small herd of Red Angus cattle.
The estate represents an enchanting place, a captivating space offering a relaxed pace with traditional Stellenbosch hospitality.
This going concern deal includes implements, equipment, labels, goodwill and intellectual knowledge. The property is owned by a VAT registered company.
Price: R38 000 000 (VAT excluded)